It is quite possible you'll be right, we had out fight at that line Friday, but it was still a low volume day, if volume increases and no HD surprise is thrown at the market (without HD, the Dow would have been quite positive...).
ajtj99, I concur. With Friday's close above the ST down-channel and the 50 SMA there doesn't seem to be much standing in the way of a quick run or jump to 1420.
Here's a possible scenario via Andrews' Pitchforks. The crossover between the center blue tine and upper red tine looks like a good place to pivot, all other things being equal, (which they never are, of course). By the way, as best as I can figure, that crossover occurs on Monday the 13th, i.e., Monday of OPEX week.
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